
Greenbelt Cooperative & Scan
Greenbelt MD, a planned city dating to and organized under Roosevelt's New Deal program, operated supermarkets, gas stations, drug stores, and grocers under a cooperative system. Greenbelt Furniture Cooperative began in 1960 after a furniture salesman introduced a single Danish chair into the town's Co-op supermarket. Until 1960 there were no furniture retailers in Greenbelt, MD. The introduced chair was an immediate hit for its affordability, style, and simplicity. Demand for this style & affordability gave birth to the Greenbelt Furniture Cooperative. Sometime in the mid-eighties all retail establishments except for the furniture cooperative were sold off and were renamed "Scan". Greenbelt Furniture Co-op never manufactured any furniture as it was all imported from manufacturers in Denmark and other Scandinavian countries. Since the early nineties Scan filed for bankruptcy several times. The last and final filing came in 2007-2008. Scan has now unfortunately closed its doors for good. "On Dec. 24th 2007 - SCAN filed for Chapter 11 bankruptcy protection, according to a report in the Baltimore Business Journal. It's sales dropped $25 million to $17 million from 2005 to 2007, according to court papers filed in the U.S. Bankruptcy Court in Baltimore. The retailer cited declining revenue and an inability to borrow money as factors in its filing" - Wikipedia |
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